Differences Between Buying and Leasing Vehicles
Leasing and buying are different in a few ways, but neither is better than the other. The right fit for you depends on what you want as well as your credit history. Leasing often requires less money down as well as lower monthly payments, but the vehicle is not yours to modify or sell in the future. You can use your vehicle lease however you want, but there are mileage limits that you'll pay extra for if you go over. If you want a low monthly payment vehicle that's brand-new, new Nissan leasing or the Nissan Exchange Program are the ways to go!
Frequently Asked Questions About Leasing
Leasing is a somewhat newer auto finance option, so we receive all sorts of questions from interested car shoppers. To help you get all the details before making a financing decision, we've highlighted some popular questions about leasing near Valley Stream.
How Flexible is Leasing?
Leasing is incredibly flexible, which is a major benefit to many drivers. We can show you the difference in monthly payments based on your lease mileage limits, the model you select, and the length of your lease. There are also several lease return options, and you'll have time to consider them!
How Long Do Leases Last?
Leases can vary in their length. As we mentioned, leasing is flexible, so if you just want a shorter lease, you can find one for 24 months, or you can set up a 48- or 60-month lease if you know you'll want to enjoy this car for the years to come.
How Many Miles Can You Drive with a Leased Vehicle?
Again, you can adjust your lease mileage limit. If you only plan to handle your commute and grocery shopping with your vehicle, a low-mileage lease will be the affordable option you love, but you can find leases with 12,000 or more miles a year, and you can always adjust your Nissan lease mileage.
Is Leasing More Affordable?
Leasing is a more affordable finance option in the short term. If you're starting a new job and want to impress with a new vehicle, leasing is a great option as the down payments and monthly payments are lower than if you bought that same vehicle, and you can always upgrade in a few years as your savings grow and salary increases! Learn more about no money down and low lease payment options!
What happens at the end of my lease?
When your lease contract is coming to an end, it's time to schedule an inspection of the Nissan you've been leasing over the term of your contact. One of our Nissan factory-trained technicians will examine every square inch of your Nissan, looking for excess wear and tear or damages that exceed the language of the leasing contract. You will be responsible for paying the cost of repairing those damages. At the end of that time, you will return that Nissan lease to us. You don't have to worry about selling it because you won't own it.
Reach Out to Our Nissan Finance Center in Nassau County
Nowadays, auto financing is as much of the car shopping process as finding the right car is, so that's why we take so much time to make it easy for you. If you like being in a new car every few years enjoying new technologies, leasing is a great option. We hope this lease center page helped you learn all about this finance route, but let us know if it brought up any leasing questions!
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